Route Mobile on Tuesday, December 17, informed stock exchanges that Mark James Reid, Chairman of the company’s Board and a Board Member of its holding company Proximus Global S.A., will be leaving the Proximus Group by the end of January 2026 to pursue other career opportunities in the United Kingdom.
The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has been formally communicated to both BSE Limited and the National Stock Exchange of India by the company .
Mark Reid to remain on Route Mobile board till Proximus exit
According to the filing, Mark Reid will continue to serve on Route Mobile’s Board until his departure from the Proximus Group, ensuring continuity during the transition period. The company stated that it will update exchanges on further developments in compliance with regulatory requirements .
Reid currently plays a dual role as Proximus Group CFO and has also served as CEO ad-interim of Proximus Global between April and November 2025 following the creation of the global entity earlier this year.
Reid’s role in Proximus strategy and global expansion
Proximus Group highlighted that Reid joined the company in May 2021 and played a key role in executing its #inspire2022 and #bold2025 strategies. During his tenure, the group returned its domestic operations to top-line and EBITDA growth, executed a rigorous M&A and divestment programme of around EUR 500 million, and navigated a period of heavy capital expenditure focused on future-ready network infrastructure .
Before joining Proximus, Reid held senior financial leadership roles at British Airways, Travelport, Yahoo, and Liberty Global, with professional experience across the UK, Switzerland, and the United States.
Proximus CEO acknowledges contribution
Commenting on the development, Stijn Bijnens, CEO of Proximus Group, thanked Reid for his contribution to the company’s financial strength and strategic execution, particularly during a phase of elevated investment and organisational restructuring. The Proximus leadership wished him success in his future endeavours .
What this means for Route Mobile
While the disclosure does not signal any immediate operational or financial change at Route Mobile, it represents a notable leadership transition at the holding-company level, which investors and market participants are likely to track closely given Proximus Global’s strategic role in the group’s international communications and CPaaS operations.
Route Mobile clarified that the information has also been uploaded on its official website and reiterated its commitment to regulatory transparency.
